St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-06-03
Marvin Hughitt Elevated to the Position
of President of the Chicago
& Northwestern.
Some Significant Facts Regarding Track
Laying in the United States
For Six Months.
The Rate Trouble at Chicago Still I'm
disposed of, and Likely to
Appear Again.
The Transit Difficulty Appears to be
at the Bottom Of it Now as
Before.
Special to the Globe.

CHICAGO, June 2.-The stockholders
of the Chicago Il Northwestern railroad
held their annual meeting in the offices
OF the company in this city to-day. 1t
was highly important one, in view of
the fact that the new president of the
main line is Marvin Hughitt, vice AL
bert Keep, who resigned the position
some time ago. On the meeting being
called to order, the earnings and
expenses for the fiscal wear
ending May 81 the month of May
being estimated) was submitted as fol-
lows: Gross earnings, SIG, 1862 ,039; OPP
Grating expenses, fixed charges and
sinking funds, S2O,27S, 13S; leaving net
S6,OSS,9O1. Out of this have been de-
clared the usual dividends for the year,
including 1$ per cent. on the preferred
stock and 5 per cent. on the common
stock declared to-day, amounting to s.
444,5O4; leaving a surplus of s., 639, 391.
The election of
DIRECTORS AND OFFICERS
took place as follows: Chicago & North
western Railway company. Director for
the term of three years, w. l.. Scott.
Percy r. Pyne, f. w. Vanderbilt, w.
K. Vanderbilt, II. Mex. Twombly, John
[. Blair. Officers-Albert Keep. chair,
man of the boarn of directors: M.
Hughett, president; n. l.. Sykes, vice
president: NJ. L. Sykes. treasurer; NJ.
l.. Sykes, secretary; j. B. Redfield,
assistant secretary and assistant
treasurer; S. 0. Howe, assist
ant secretary and assistant treas
urer lin New York. Executive
Committee-Albert Keep, NJ. Hughitt,
A. L. Scott, a. G. Dulman, C. NJ. Depew,
II. Mex. Twombly, Samuel f. Barger,
David 2. kimball. The election of Off
GERS for the branch roads was next in
order, and resulted as follows:
Princeton IL Western Railway Com
pany-OfficerS, NJ. Hughitt, president:
A. Keep, yiee-preSident; J. B. Redfield,
secretary; NJ. NJ. Kirkman, treasurer;
executive committee, A. Keep, M.
Huggitt and j. p. Redfield; directors,
Albert Keep, Marvin Hughitt, l.. NJ.
Rrkman, Charles E. Simmons, j. B.
Dakota Central Railway Company
Officers, NJ. Hughitt, president; M.
L. Sykes, vice president: J. B. Redfield,
secretary; NJ. NJ. Kirkman, treasurer:
executive committee, A. Keep, NJ
Hughitt and NJ. NJ. Kirkman: directors,
Albert Keep, Marvin Hughitt, NJ. l..
Sykes, NJ. NJ. Kirkman,J. 3. Redfield.
Winona " st. Peter Railroad Com
pany-Officers, NJ. Hughitt, president;
NJ. l.. Sykes, vice president; NJ. l..
Sykes, treasurer; J. 3. Redfield, Secre-
tary; 5. 0. Howe, assistant secretary:
executive committee, A. Keep, NJ. L.
Sykes, NJ. Hughitt.
Win0na & st. Peter Railroad COM
pany-Directors, Albert Keep, Marion
Hughitt, NJ. L. Sykes, A. G.. Dolman,
James III. Howe, G. C.. Wheeler, j. 3.
Redfield, NJ. NJ. Kirkman, Charles E.
Simmons.
Wyoming Central Railway company
Officers, NJ. Hughitt, president; A.
Keep, vice president; j. B. Redfield, sec
rotary; NJ. NJ. Kirkman, treasurer; w.
+. Fitch, superintendent.
Fremont, Elkhorn d Missouri Valley
Railroad company-O fficers,M. Hughitt,
president; A. Keep, vice president; NJ.
M. Klrkman, treasurer; j. B. Redfield,'
secretary; J. B. Hawley, assistant sec
rotary, j. E. AinSworth, chief engineer;
executive committee, NJ. Hughitt, A.
Keep, j. B. Redfeld.
and Bridge Company-Officers NJ.
Hughitt, president; P. E. Hall, vice
president; j. B. Redfield, secretary; D..
2. Kimball, treasurer; executive COM
mittee, M. Hughitt, A. Keep and P. E.
Hall.
The election of MI. Hughitt, for many
years the vice president and general
managerof the road, as president, to
succeed Mr.. Keep, who some time ago.
expressed his intention of resigning,
was not unexpected, nor is it believed
to indicate any remarkable change of
policy.